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Independent audit finds no material misstatements in Rio Blanco County 2024 financial statements; commissioners urged to watch budget-to-actual variances
Summary
Paul Miller, CPA, presented the county's 2024 audited financial statements and said the auditor issued an unmodified opinion; auditors flagged the budget-to-actual comparison as a key tool for commissioners to manage fiscal risks and urged continued attention to internal controls.
Paul Miller, CPA, presented the Rio Blanco County 2024 financial audit at the Sept. 23 work session and reported an unmodified (clean) audit opinion for the county’s basic financial statements.
Why it matters: An unmodified opinion indicates the auditors found that the county’s financial statements presented fairly, in all material respects, the county’s financial position for the year ending Dec. 31, 2024. The auditors emphasized the need for robust internal controls and active monthly oversight of the budget-to-actual reports to catch variances early.
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